- 514
did someone inhale while on vac?
..thanks O #!$@&*
For my premiums doubled
..thanks O #!$@&*
For my premiums doubled
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News & Info Related To 2017 Open Enrollment
- Thread starter AllenChicago
- Start date
- 514
Question... for Colorado Anthem individual policies why does the healthcare.gov website not show premium increases? It only shows it for group? Anybody know?
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- Thread starter
- #133
- 8,448
it could be that Colorado does not report increases that are less than 10% to healthcare.gov.
- 514
Yeah I see all the rate increases for Blue Cross Arizona and Anthem of California on healthcare.gov for individual policies but not for the state of Colorado
- 1,305
CO has a state exchange...thats why.
- 514
No Anthem off exchange plans in Colorado?
- Thread starter
- #137
- 8,448
will any of this matter if commission is 2% or less?
- 1,305
- 514
She living in Mex on Anthem CO. She was trying to figure her increase..guess an unknown
Sure. If the current premium is $800 and the premium goes up 50%, that's a $1200 premium now. If last year's commission was 4% of $800 ($32 a month), it is now 2% of $1200 $24 a month. Still doable. Barely.
The more the premium increases, the more it counterbalances the decrease in commission percentage. Unless the commission turns to the magic 0%, that is, LOL. The number zero is always a killer.
Funny thing about ACA. The framers must not have read it before they passed it. The 20% MLR is better for the insurance company as the premium spikes. 20% of $100 million is $20 million. If the premium goes up to $200 million, the MLR allows $40 million. However, the workload for staff didn't increase, the rent didn't go up. It doesn't suddenly become more expensive to process the claims, or invoice for the premium. But the insurance company gets to keep double.
If they are not hemorrhaging massive losses, that is!
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